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Persistent link: https://www.econbiz.de/10011167064
Economists of the HEIRS association for Happiness Economics and Interpersonal Relations promote a better understanding of the fundamental importance of sociality for people’s happiness. The 2013 conference on “Public Happiness” did justice to this goal and provided an overview of...
Persistent link: https://www.econbiz.de/10010994731
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10010884223
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower well-being emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10010949862
What makes people happy in life? This crucial question has the potential to shake up economics. In recent years, dissatisfaction with the understanding of welfare in economics and new opportunities for empirical study of people’s subjective well-being have spurred impressive and stimulating...
Persistent link: https://www.econbiz.de/10011273615
The U.S. tort system has experienced various reforms during the last three decades. While there is a broad literature on the consequences of these reforms, very little is known about their determinants. In this study, we investigate the politico-economic forces that were driving the reform...
Persistent link: https://www.econbiz.de/10011273932
Persistent link: https://www.econbiz.de/10005299721
People spend a lot of time commuting and often find it a burden. According to standard economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals' utility is equalized. However, in a direct test of this strong notion of...
Persistent link: https://www.econbiz.de/10005305898
Persistent link: https://www.econbiz.de/10005314792
In this paper, we propose a decision framework where people are individually asked to either actively consent to or dissent from some pro-social behavior. We hypothesize that confronting individuals with the choice of whether to engage in a specific pro-social behavior contributes to the...
Persistent link: https://www.econbiz.de/10005379788